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that's something ronald reagan and jack kemp find of figured out how at least to sell a generation ago and this generation of republicans has yet to figure out. >> i guess i was one of the takers with the student loans. i'm one of the 47%. howard fineman, thank you. i think we all went to school on loans. have a nice thanksgiving. >>> coming up, so much has been made of the fact that president obama got only 39% of the white vote in this country. national problem for the president? not really when you realize in deep south mississippi he got about 10%. a lot of his problem is in the south. it's just the historic problem the democratic party, white or black candidates have this problem having a tough time. also the battle for hillary's job. it's getting hot. it's the first big decision president obama has to make since his re-election. it looks like it's between john kerry and u.n. ambassador susan rice. will the president go with the 2004 presidential candidate or his apparent favorite? and a report from gaza and the latest on the fighting there that i think could lead to a war with ir
that's something ronald reagan and jack kemp find of figured out how at least to sell a generation ago and this generation of republicans has yet to figure out. >> i guess i was one of the takers with the student loans. i'm one of the 47%. howard fineman, thank you. i think we all went to school on loans. have a nice thanksgiving. >>> coming up, so much has been made of the fact that president obama got only 39% of the white vote in this country. national problem for the...
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Nov 14, 2012
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reagan on social security reform we can add years of solvency and to medicare and do it and increase benefits like with obama care and we need both sides to be willing. i know the democrats are willing. president obama's willing to sit down at the table. what we don't need to do i can tell you is cut benefits. that's something that i don't think is the first thing that should be put forward. we have a lot of opportunity to continue to make reforms in medicare, make sure we build in more efficiencies to the program so we can add the years of solvency. >> what about eligibility age change? >> well, eligibility age change would fall in the realm of benefit cuts. we need to focus like i said first on making sure we build in more efficiencies to the program. we have been able to from obama care make sure that with that $716 billion in savings plowed in to waste, fraud and abuse -- fighting waste, fraud and abuse we have collected more than $10 billion in fraudulent medicare payments and we can make more progress in that area, as well. >> thank you so much. i greatly appreciate you joining
reagan on social security reform we can add years of solvency and to medicare and do it and increase benefits like with obama care and we need both sides to be willing. i know the democrats are willing. president obama's willing to sit down at the table. what we don't need to do i can tell you is cut benefits. that's something that i don't think is the first thing that should be put forward. we have a lot of opportunity to continue to make reforms in medicare, make sure we build in more...
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when ronald reagan stood up for workers, when he stood up for the people and america did. and some good democrats did too. we were on the right side of history. >> we have a lot of work to do and i'm afraid that it's a very hard struggle, particularly given the situation on the iraq/pakistan border. >> the iraq/pakistan border. they do not share a border. iran was not training al qaeda operatives. ronald reagan did not cause the spring. that was his first year as governor of california. do you remember when up with chris hayes did the arm the ripples montage? >> we need to get a sanctuary for the free syrian army. we need to get them supplies. >> i do believe that as we have in the past, we can help facilitate weapons to get to the hands of the libyan military. those who are fighting against gadhafi. >> we should help them with arms. >> if not strategic air strikes, what if any military option would you think realistic and plausible? >> arming bosnians. >> his favorite approach bosnia, arm the rebels. his favorite approach to iraq, we should arm the rebels. his favorite ap
when ronald reagan stood up for workers, when he stood up for the people and america did. and some good democrats did too. we were on the right side of history. >> we have a lot of work to do and i'm afraid that it's a very hard struggle, particularly given the situation on the iraq/pakistan border. >> the iraq/pakistan border. they do not share a border. iran was not training al qaeda operatives. ronald reagan did not cause the spring. that was his first year as governor of...
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reagan in 1980. mitt romney was the ultimate remainder man. that's why they have an easier time of dumping on him right now. >> so the clown car has backed up to run over mitt romney. that's the image for the night tonight. >> yes, it is. >> like that woman who didn't like her husband, remember she drove over her husband in the parking lot and drove over him again. i don't want to get involved in that legal case but i do remember the pictures. let's go to john heilemann here. is this the clown car as howard beautifully put it backing up over the guy that outcorkoutdorm and won the election? >> some of these people are not certifiable clowns who are saying these things about romney though i don't disagree with howard's characterization in general. i do think -- >> gingrich -- >> i think it's fair to say that part of romney's problem was that he was really always an incredibly bad fit with the republican party on almost every level. he was not most of the things the republican party is today nor really
reagan in 1980. mitt romney was the ultimate remainder man. that's why they have an easier time of dumping on him right now. >> so the clown car has backed up to run over mitt romney. that's the image for the night tonight. >> yes, it is. >> like that woman who didn't like her husband, remember she drove over her husband in the parking lot and drove over him again. i don't want to get involved in that legal case but i do remember the pictures. let's go to john heilemann here....
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it wasn't terribly long ago that ronald reagan won 49 states. that's a mandate. it's unthinkable that any candidate can win anywhere close to that. obama won a pretty impressive victory even without a serious third party candidate, he did not get 51% of the popular vote. he won 26 states to romney's 24 states. we'll see time after time very, very close elections. we need to rethink the negotiations of mandates and say this person won the presidency. they need to go forward with that agenda. >> what about the republicans? are they going to do a big rethink here? >> yes, and more than one. it was interesting that the republican governors happened to be meeting this week in las vegas when this news about the interesting comments that romney made to his donors that we just saw and the republican governors, bobby jindal of louisiana did not miss five seconds before they really denounced what romney was saying. the republicans have a lot of things to think about, not of which is their growing problem with hispanic voters. that is the big growing group in this country.
it wasn't terribly long ago that ronald reagan won 49 states. that's a mandate. it's unthinkable that any candidate can win anywhere close to that. obama won a pretty impressive victory even without a serious third party candidate, he did not get 51% of the popular vote. he won 26 states to romney's 24 states. we'll see time after time very, very close elections. we need to rethink the negotiations of mandates and say this person won the presidency. they need to go forward with that agenda....
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reagan did it but that was one of the new worst presidents in the last hundred years to win a second bill kristol talked about this area well i mean out of this are the whole monologue in the beginning though and it's based on a faulty argument that tax rates and revenue are the same thing i'm not making an argument to you tom that no one here should pay taxes and finance items for the collective good that's not what i'm saying what i'm telling you is republicans we fail to make an argument that there is a tax rate sweet spot they had where you would generate revenue and not stifle the economy at the same time i don't think we're there i think we're still a bit too high although i think i don't think we're there either i mean if you look at the three decade period when america had its highest sustained growth of g.d.p. and best sustained growth of the middle class it was the fifty's sixty's and seventy's when the top tax rate was ninety one percent i think that's the sweet spot right but look at the reagan rates of twenty percent when you get out we had growth rates of seven five and
reagan did it but that was one of the new worst presidents in the last hundred years to win a second bill kristol talked about this area well i mean out of this are the whole monologue in the beginning though and it's based on a faulty argument that tax rates and revenue are the same thing i'm not making an argument to you tom that no one here should pay taxes and finance items for the collective good that's not what i'm saying what i'm telling you is republicans we fail to make an argument...
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college like we used to have before ronald reagan all across the united states or in many places it is certainly california is out for people say yes what are you willing to pay taxes for people say yes you are and you're willing to say yes well the majority the vast majority so you think you should be able to exit for that and all of our money yes i think redeploy i think we're all in on this. really more when there are these then we should reserve you using force to take my money should be reserved for areas of mass consensus i'm telling you you don't have the sixty five percent of americans in the exit polling after the last election so they thought the taxes should go a good forty nine percent of americans don't like obamacare so you're telling me that fifty one percent of america should be able to buy force take forty nine percent of america's money because you've declared it a mandate well that's how it works though they've done that so i don't that's a you know that is that was reagan said the same thing he said ok by force we're going to take a trillion dollars from people's mo
college like we used to have before ronald reagan all across the united states or in many places it is certainly california is out for people say yes what are you willing to pay taxes for people say yes you are and you're willing to say yes well the majority the vast majority so you think you should be able to exit for that and all of our money yes i think redeploy i think we're all in on this. really more when there are these then we should reserve you using force to take my money should be...
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we saw with ronald reagan and bill clinton. with a second term and a better economy, you can achieve a lot and become quite popular in the process? does obama have that in him? what do you want him to do now that he has four more years? >> the big thing he has going for him, he has four years he doesn't have to worry about getting re-elected. they start these elections about two years ahead of time usually. and that's where their focus goes on how do i keep doing this job, whether i'm a senator, congressman, or whatever it is, if you are a career politician, you always look out for yourself first. when the president's in this position, having been elected a second time, now he has nothing to lose. >> where do you you this he's been weak and where does he need to be stronger? >> i think he's been weak. my son was a huge obama supporter until obama ordered that american's death with the drone and then he lost my son. my son was so offended that a president could kill a united states citizen without a trial, without anything like
we saw with ronald reagan and bill clinton. with a second term and a better economy, you can achieve a lot and become quite popular in the process? does obama have that in him? what do you want him to do now that he has four more years? >> the big thing he has going for him, he has four years he doesn't have to worry about getting re-elected. they start these elections about two years ahead of time usually. and that's where their focus goes on how do i keep doing this job, whether i'm a...
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reagan did because they thought it was effective anti-- >> -- he is pettifogging the issue. it doesn't matter where it comes from millions of americans want them. at the want the government to provide. newt gingrich also slammed romney. >> i just think it's nuts. first of all, it's insulting, this is like wal-mart having a bad week and going the customers have been unruly the john of the political leader in part if we can't offer a better future that is believable to more people we are not going to win. >> bill: what does that mean, mr. speaker? is the republic party going to out entitlement the democrats? what does that mean? mitt romney's failure is very clear. he could not convince the majority of voters that he would look out for them. period. he could not outrage over $16 trillion debt or explain total nic collapse. romney was timid. he wasn't paul revere spreading the word about danger. what do you think those making less than $30,000 a year were voting for? what were they voting for? do you think they were voting for massive debt? were they voting for continued chaos
reagan did because they thought it was effective anti-- >> -- he is pettifogging the issue. it doesn't matter where it comes from millions of americans want them. at the want the government to provide. newt gingrich also slammed romney. >> i just think it's nuts. first of all, it's insulting, this is like wal-mart having a bad week and going the customers have been unruly the john of the political leader in part if we can't offer a better future that is believable to more people we...
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my god, you would have thought that i had knocked over a bust of ronald reagan. i'm not done. i've got a long list here. >> that's your problem. >> this is not about me. this is important to say. nobody was saying this, and they weren't saying this for a reason. right after the convention. i did a series of tweets, huffington post mutt it uput it they said romney's team's in trouble. they need to turn it around. it's slipping out of their grip quickly. they're in trouble. then finally the libyan press conference that he gave that was such a disaster, the next morning, i went out, i said, this is the worst thing, mark stein at "national review" and all these other people went crazy talking about how i was a rhino and i was this. it was stupidity. then they decided to come at us saying we doctored a tape and obsessed for a week over two seconds where we felt they said ryan, they thought they said romney. so while all of these conspiracy theories are spewing on the right and the conservative entertainment complex, barack obama's team is organizing. and they're targeting. and inst
my god, you would have thought that i had knocked over a bust of ronald reagan. i'm not done. i've got a long list here. >> that's your problem. >> this is not about me. this is important to say. nobody was saying this, and they weren't saying this for a reason. right after the convention. i did a series of tweets, huffington post mutt it uput it they said romney's team's in trouble. they need to turn it around. it's slipping out of their grip quickly. they're in trouble. then...
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it was interesting he quoted ronald reagan on the floor yesterday to point out social security has nothing to do with the deficit or balancing budgets, payroll tax that employers and employees pay into the trust fund that finances that and it should not even be discussed in these negotiations. but furthermore, this whole election, this whole national election was a referendum on the republicans' ideas expressed so well by mitt romney by the way yesterday afternoon when he talked about with such contempt for people who might need college loans, or health care, god forbid. and, you know, this election showed americans are completely opposed to the proposed reforms by the republicans on medicare and social security. they don't want entitlements changed or touched. and they want to see the top 2% pay some taxes. like they did in the clinton era. so if their elected representatives come in and within a week they're talking about changing entitlements and not raising taxes on the very rich, it's not just liberals who will be disappointed. this is whole country here that are behind what obama and
it was interesting he quoted ronald reagan on the floor yesterday to point out social security has nothing to do with the deficit or balancing budgets, payroll tax that employers and employees pay into the trust fund that finances that and it should not even be discussed in these negotiations. but furthermore, this whole election, this whole national election was a referendum on the republicans' ideas expressed so well by mitt romney by the way yesterday afternoon when he talked about with such...
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reagan was asked if he had anything to say to the people in the country who did not vote for him and who did not feel that they were part of the reagan revolution. he was also asked about nancy reagan falling down and bumping her head right before the election. he said that she had a tender lump on the side of her head, but that she would be fine. in president clinton's first press conference, after he was re-elected to a second term, the president started to answer a question about the role of first lady hillary clinton in the second clinton term, before he sort of diverted himself into talking about just how damned tired he was. >> well, let me answer the question about hillary. i think what first lady will do is something that i think it will be consistent with what she's been doing, but we have not, frankly, we've been too tired to talk about it. yesterday, i'm embarrassed to tell the american people, i actually slept past noon. i was tired. >> there's no shame in that. >> in the first press conference that george w. bush gave after he was re-elected in 2004, the president gave a
reagan was asked if he had anything to say to the people in the country who did not vote for him and who did not feel that they were part of the reagan revolution. he was also asked about nancy reagan falling down and bumping her head right before the election. he said that she had a tender lump on the side of her head, but that she would be fine. in president clinton's first press conference, after he was re-elected to a second term, the president started to answer a question about the role of...
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in 1976 ronald reagan told stories about the so-called welfare queen in an effort to scare white voters. and the very same lee atwater made the willie horton ad a key part of george h.w. bush's 1988 bid for the white house. and in 2012 the same ugliness took center stage in the gop primary. >> we know president obama is the best food stamp president in american history. >> i don't want to make black people's lives better by giving them somebody else's money. i want to give them the opportunity to go out and earn the money. >> you're doing it because you care about america. paul and i have not promised you a bigger check from the government. >> as atwater said, the message is coded. but what he's getting at is crystal clear. joining me now is toure, host of "the cycle" here on msnbc, and the man who tracked down the atwater tape, james carter iv. he's an opposition researcher and the grandson of president jimmy carter. thank you both for coming on the show. >> thank you. >> thank you. >> james, first of all, tell us how you got your hands on this tape. >> well, i started looking for it a
in 1976 ronald reagan told stories about the so-called welfare queen in an effort to scare white voters. and the very same lee atwater made the willie horton ad a key part of george h.w. bush's 1988 bid for the white house. and in 2012 the same ugliness took center stage in the gop primary. >> we know president obama is the best food stamp president in american history. >> i don't want to make black people's lives better by giving them somebody else's money. i want to give them the...
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reagan was with the blowing up of the u.s. marines in beirut. >> this administration continues to put out things that are just not quite true. >> smear, character assassination, judgment before all the facts are in. >> we're getting that video in. house and senate committees will both hearings tomorrow as we reported a few minutes ago. former cia director david petraeus is expected to testify. you see some of the tone and tenor of what will perhaps happen behind closed doors tomorrow. i'm tamron hall. you can watch "news nation" every day 2:00 p.m. eastern time. "the cycle" is up next. into their work, their name on the door, and their heart into their community. small business saturday is a day to show our support. a day to shop at stores owned by our friends and neighbors. and do our part for the businesses that do so much for us. on november 24th, let's get out and shop small. challenge the need for such heavy measures with olay. regenerist micro-sculpting serum for firmer skin in 5 days. pretty heavy lifting for such a lig
reagan was with the blowing up of the u.s. marines in beirut. >> this administration continues to put out things that are just not quite true. >> smear, character assassination, judgment before all the facts are in. >> we're getting that video in. house and senate committees will both hearings tomorrow as we reported a few minutes ago. former cia director david petraeus is expected to testify. you see some of the tone and tenor of what will perhaps happen behind closed doors...
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he went in there with one goal, like ronald reagan used to do, i want one headline, don't let the middle class be held hostage. he repeated it over and over again. >> reporter: he said it 19 times. >> he didn't want the headline to be switched by adversarial press or neutral press that didn't to want go with his line to say him, adamantings president adamant on rich paying 39.6%. maybe that's why you softened up to you. just an interpretation. >> reporter: i can tell you congressional republicans were happy with his response. they like to know there is some give. here's where the give could be, chris. nobody's talked about this. i mean, there's been some behind the scenes chatter on this, which is you could see tax rates temporarily go up just not all the way to 39%. it could be somewhere in the middle. ends up being the compromise for the one year. don't forget, this is all about setting the tax rates simply for 2013, while they negotiate larger tax reform. so, that could be what the wiggle room is. obviously, republicans have said they don't want to raise tax rates at all. they're fine
he went in there with one goal, like ronald reagan used to do, i want one headline, don't let the middle class be held hostage. he repeated it over and over again. >> reporter: he said it 19 times. >> he didn't want the headline to be switched by adversarial press or neutral press that didn't to want go with his line to say him, adamantings president adamant on rich paying 39.6%. maybe that's why you softened up to you. just an interpretation. >> reporter: i can tell you...
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i would play this ronald reagan clip on social security. >> social security has nothing to do with the deficit. social security is totally funded by the payroll tax levyied on employer and employee. >> cenk: social security off the table, not having that conversation. medicare well, there was this guy who was running for vice president who had some ideas. let's find out how that turned out for him. >> option accounts for social security. [ buzzer ] >> cenk: wrong again bob. well he also had ideas on medicaid. >> what we're trying to do is cut medicaid food stamp reforms, education reforms for job training. couple these things by sending them back to the states in bloc grants. [ buzzer ] >> cenk: wrong again bob. you just ran an election on that and got your ass handed to you. i won. you lost. if you like we can do this again in 2014. 2014, 2014. they will bend if you have someone strong who actually cared to win. i'm keeping it real. when we come back, speaking of real, we'll go to the real housewives of the c.i.a. >> cause i'm honoring council so i have involume ability they should no
i would play this ronald reagan clip on social security. >> social security has nothing to do with the deficit. social security is totally funded by the payroll tax levyied on employer and employee. >> cenk: social security off the table, not having that conversation. medicare well, there was this guy who was running for vice president who had some ideas. let's find out how that turned out for him. >> option accounts for social security. [ buzzer ] >> cenk: wrong again...
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reagan with the blowing up of the u.s. marines in beirut. >> now david petraeus will testify about the benghazi attack tomorrow, exactly a week after he resigned cite an extramarital affair. and there is word secretary of state hillary clinton will testify on benghazi next month. here is the latest from the pentagon on the petraeus scandal. first let's get to katherine who is live in washington. katherine, the scope of all of this is pretty unusual. >> well those two classified hearings bring together the government's top intelligence and law enforcement officials. what was clear was the president's comments on ambassador susan rice is really getting some traction. one republican alleging that, quote, the president misinformed and lied to the american people over the benghazi affair. what was also clear is that the president wants to promote ambassador susan rice. even though she said benghazi was a spontaneous attack when it seemed clear it was terrorism. >> president obama has the gal to float the name of secretary of st
reagan with the blowing up of the u.s. marines in beirut. >> now david petraeus will testify about the benghazi attack tomorrow, exactly a week after he resigned cite an extramarital affair. and there is word secretary of state hillary clinton will testify on benghazi next month. here is the latest from the pentagon on the petraeus scandal. first let's get to katherine who is live in washington. katherine, the scope of all of this is pretty unusual. >> well those two classified...
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that all happened this day in 1979 when former california governor ronald reagan announced his third bid for the presidency and for the republican nomination and, of course, that one was successful. >>> the scandal continues to grow around david tpetraeus as his successor general john allen is now linked to the controversy or at least linked to some of the players. let's bring in our panel, political director for the grio.com, and columnist with bloomberg view, and stephanie is the president of emily's list and i also have james from the national journal who is out with a brand-new piece on this entire episode. so, james, i want to start with you because i thought this was a very striking -- you sort of write about -- trying to write about this from 30,000 feet, the impact on national security. this is what you write, no one is condoning what petraeus did, but there are a lot of self-righteous people holding him to a standard that not many people could meet without considering what he sacrificed because of the years of separation from his spouse and family, said one army general. the
that all happened this day in 1979 when former california governor ronald reagan announced his third bid for the presidency and for the republican nomination and, of course, that one was successful. >>> the scandal continues to grow around david tpetraeus as his successor general john allen is now linked to the controversy or at least linked to some of the players. let's bring in our panel, political director for the grio.com, and columnist with bloomberg view, and stephanie is the...
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ronald reagan was the president. and david stockman, before he turned tail, was the budget director. but you know what? we had a ton of spending cuts. a ton of spending cuts. and i have the scars here on my back to show. >> i know. >> and people just go crazy. you've had the same experience. what i'm saying to you is this. before anybody talks about a dollar of new tax revenue, why haven't we exhausted every dollar of spending cuts? that's what -- before we even get to the revenue, why don't we go through spending? and i'm not -- yes, entitlement reform, but also there's a lot of inefficient and duplicative and whole agencies we don't need. before you talk about revenues, one nickel of rev few, why don't we have the conversation on spending? >> i don't know, larry. it's a tremendous frustration. we've seen this for a long, long time, both parties. we really do need a thorough scrub. and they've done it before. they come up with lots of program cancellations. and they never get through congress. we certainly need enti
ronald reagan was the president. and david stockman, before he turned tail, was the budget director. but you know what? we had a ton of spending cuts. a ton of spending cuts. and i have the scars here on my back to show. >> i know. >> and people just go crazy. you've had the same experience. what i'm saying to you is this. before anybody talks about a dollar of new tax revenue, why haven't we exhausted every dollar of spending cuts? that's what -- before we even get to the revenue,...
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and what ronald reagan thinks or what oliver north or i think or anybody else thinks makes not a thing if the american people say enough. there comes a point that the views of the american people have to be heard. >> warren rudman saw action and was awarded a bronze star for combat in korea. he once told former defense secretary casper weinberger from his own party his talk of a, quote, limited nuclear war was assanine. he did not seek re-election saying i can see the republican party was being taken over by a movement conservatives and self-commissioned christian soldier whose social agenda i found repugnant. he was 82 years old. he died of lymphoma. band playin] [ male announcer ] the rhythm of life. [ whistle blowing ] where do you hear that beat? campbell's healthy request soup lets you hear it... in your heart. [ basketball bouncing ] heart healthy. great taste. mmm... [ male announcer ] sounds good. it's amazing what soup can do. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi
and what ronald reagan thinks or what oliver north or i think or anybody else thinks makes not a thing if the american people say enough. there comes a point that the views of the american people have to be heard. >> warren rudman saw action and was awarded a bronze star for combat in korea. he once told former defense secretary casper weinberger from his own party his talk of a, quote, limited nuclear war was assanine. he did not seek re-election saying i can see the republican party was...
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so eisenhower, fdr, ronald reagan and barack obama. i think the idea that barack obama does not have a historic mandate when 44 men have been president and seven did what he did in two terms, he got 69 million votes the first time, 62 million votes the second time, i think he has a mandate. the things to be done that are great in this election happened to fall on the progressive side, in part because the republican party and conservatism has gone so far right things that used to be centrist, like environmentalism, which was a teddy roosevelt thing which even richard nixon was in favor of. >> john mccain. >> newt gingrich. >> these things have been now reclassed as liberal, right. the victories that the president has a chance to get which are historic, like on climate change, on immigration, are now progressive ideas because they've been left behind. >> it's now almost up to the republican party to grab a piece of that pie to say this is our victory too when in reality if they had done it earlier -- >> let's don't get in debate about th
so eisenhower, fdr, ronald reagan and barack obama. i think the idea that barack obama does not have a historic mandate when 44 men have been president and seven did what he did in two terms, he got 69 million votes the first time, 62 million votes the second time, i think he has a mandate. the things to be done that are great in this election happened to fall on the progressive side, in part because the republican party and conservatism has gone so far right things that used to be centrist,...
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i thought ronald reagan had a fairly successful second term and bill clinton's was marred by his own personal issues. second trerms difficult. w. had a dficult time. one of the things i think they underestimate at the white house and the treasury is the idea of doing tax reform. when you both were probably in preschool, i was covering the '85, '86, tax reform act, and to call it heavy lifting is an understatement. it took a savvy, smart treasury secretary, jim baker, working with capitol hill and a supportive president, and democrats and republicans. i don't see any of those ingredients today to do tax reform in 2013, 2014. >> especially ifhe esident going to have a new treasury secretary. itim geithner, this has sort of been his-- tim geithner wanted to be behind tax reform, wanted to be the force behind corporate tax reform. that might speak to tim geithner staying on a little long fer they think they can get something done in the first six months. >> why is anything different now? why is anything different in the second term? >> good point. >> i'll turn the hosting to you. >> mart
i thought ronald reagan had a fairly successful second term and bill clinton's was marred by his own personal issues. second trerms difficult. w. had a dficult time. one of the things i think they underestimate at the white house and the treasury is the idea of doing tax reform. when you both were probably in preschool, i was covering the '85, '86, tax reform act, and to call it heavy lifting is an understatement. it took a savvy, smart treasury secretary, jim baker, working with capitol hill...